Here’s How 5 Top Big Oil & Gas Stocks are Reacting to Gas Prices
Gasoline prices continued their upward move in the U.S., rising 2 percent on average across all grades last week, according to data from the U.S. Energy Information Administration. At $3.68 per gallon, the average price last week was 49 cents short of the record high price reached in July 2008.
Regular gasoline climbed 2 percent from last week to $3.61 per gallon, Midrange rose 2.7 percent to $3.76, and Premium went up 1.8 percent to $3.91. According to GasBuddy.com, gas cost the most in Hawaii and California, where the average came in at $4.1 per gallon. Wyoming had the cheapest gasoline last week at $3.05 per gallon.
The average U.S. household already spends nearly…